Business

Family offices deals are getting larger and more complex. Trump’s tariffs could put that on pause

OSTN Staff

Family offices, the secretive wealth management companies of ultra-rich dynasties, are executing larger, more sophisticated deals than in past years. ...

Trump has added a political risk premium to US assets

OSTN Staff

Parking money in America is no longer the routine, fuss-free, neutral option

BlackRock inflows slow as market sell-off hits confidence

OSTN Staff

Profits also fell last year at world’s largest asset manager

Alibaba’s Jack Ma wants AI to serve, not lord over, humans

OSTN Staff

Alibaba co-founder Jack Ma, a longstanding advocate for artificial intelligence, warned that AI shouldn’t replace humans but work instead to ...

JPMorgan chief Dimon warns of ‘considerable turbulence’ in US economy

OSTN Staff

Biggest US bank posts 9% rise in quarterly profits

Nintendo Switch 2 and Sony PS5 likely to get price hikes due to tariffs

OSTN Staff

Japanese entertainment giants Nintendo Co. and Sony Group Corp. are likely to raise prices on their game consoles in response ...

Supreme Court tells Trump administration to work to bring back Maryland man it mistakenly deported to notorious El Salvador prison

OSTN Staff

The Supreme Court on Thursday said the Trump administration must work to bring back a Maryland man who was mistakenly deported to ...

Cocoa crunch for world’s top chocolate supplier Barry Callebaut as ‘perfect storm’ puts profits and shares in freefall

OSTN Staff

Barry Callebaut, the world’s biggest supplier of chocolate to the food industry, warned on Thursday that another surge in cocoa ...

Publishers Clearing House using bankruptcy to pivot away from legacy business of direct-mail, retail merchandise and magazine subscriptions

OSTN Staff

Publishers Clearing House, a decades-old marketing and sweepstakes company known for doling out large “Prize Patrol” checks, has filed for Chapter ...

How does a Fortune 500 company rebuild their supply chain overnight? Most are piecing together a playbook on the fly

OSTN Staff

“Almost every client I talk to has a war room,” says Mary Rollman, KPMG’s U.S. supply chain leader. “They get ...

US fires Greenland base commander after JD Vance visit

OSTN Staff

Col Susannah Meyers accused of ‘subverting’ Donald Trump’s agenda

Trump administration can’t cancel temporary legal status of over 500,000 Latin American immigrants this month, judge rules

OSTN Staff

A federal judge said Thursday that she will prevent the Trump administration from ordering hundreds of thousands of Cubans, Haitians, Nicaraguans ...

Some CEOs are abandoning the sacred tradition of predicting quarterly profits for Wall Street

OSTN Staff

Tariff tumult is forcing companies to confront an uncomfortable new reality: They have no earthly idea what their profits will ...

Social Security is classifying more than 6,000 living immigrants as dead to get them to leave the country

OSTN Staff

The Trump administration has moved to classify more than 6,000 living immigrants as dead, canceling their Social Security numbers and ...

’90 days of uncertainty’: Macron presses Europe for swift response to Trump’s tariff gambit

OSTN Staff

French President Emmanuel Macron said Friday that the reduction of US tariffs on the EU to 10 percent was a ...

Elon Musk leaves behind tensions with Saudi Arabia by opening first Tesla showroom in Riyadh

OSTN Staff

Tesla officially launched in Saudi Arabia on Thursday, marking a new chapter in the company’s global expansion after Elon Musk ’s troubled relationship ...

China increases additional tariffs on US imports to 125%

OSTN Staff

Tit-for-tat retaliation comes in response to levies imposed by Donald Trump on Beijing

Andy Jassy’s shareholder letter highlights his quest to resurrect the startup that Amazon once was

OSTN Staff

Amazon CEO Andy Jassy joined the company in 1997 when it had already operated for two years and had recently ...

Job applicants are using deepfake AI to trick recruiters—Here’s how hiring managers can spot the next imposter

OSTN Staff

Vijay Balasubramaniyan knew there was a problem.  The CEO of Pindrop, a 300-person information security company, says his hiring team ...

Shein gains approval from UK regulators for London float

OSTN Staff

FCA’s approval comes as the fast-fashion company faces major challenges from Trump’s tariffs

Renault emerges as winner in Trump tariff chaos

OSTN Staff

Insulated from industry tumult, smaller French group seeks to move on from turnaround by boosting EV and hybrid sales

China tech faces worry beyond tariffs after $350 billion wipeout

OSTN Staff

Even as China’s tech stocks begin to recoup some of their recent big losses, some investors and analysts are eyeing ...

UK economy surpasses expectations to grow 0.5% in February

OSTN Staff

Figure comes as Rachel Reeves contends with impact of Trump tariffs